2058 14th Avenue W, Seattle, WA 98119

$1,339,950
2,430
SqFt

Listing courtesy of Real Property Associates.

List Price
$1,339,950
Status
ACTIVE
MLS#
1923187
Price Change
▼ $45,050 1654046375
Days on Market
56
Style
53 - Tri-plex
Building Condition
Average
Finished SqFt
2,430
Area Total SqFt
2430
Lot Size (sq ft)
4,200

Property Description

ATTENTION INVESTORS AND BUILDERS: Don't miss this fantastic opportunity to own this charismatic Queen Anne triplex with tons of potential for development. This lot is zoned LR2 Multi-family. Current rents are low. The units are easy to rent and keep rented. Excellent location with phenomenal views near the Interbay Golf Center, SW Queen Anne greenbelt, various parks, Elliot Bay, Wholefoods Market, hip eateries, and local shops. Great 1031 replacement property.

Additional Information

List Date
2022-05-05 20:17:09
Community
Queen Anne
Potential Terms
Cash Out, Conventional
Year Built
1908
View
Territorial
Roof
Composition
Site Features
Gas Available
Heating/Cooling Type
Forced Air
Electric Expenses
3333
Other Expenses
12225
Energy Source
Electric, Natural Gas
School District
Seattle
Total Monthly Income
$4,960
Gross Scheduled Income
$59,520
Gross Adjusted Income
$59,520
Tax Year
2022
Insurance Expense
$1,500
W/S/G Expenses
$6,112
Total Expenses
$31,019
Net Operating Income
$28,501
Gross Rent Multiplier
23.26
Cap Rate
2.05
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Calculator source: Real Geeks